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Innovation NHS South of England

Return on Investment Tool (RONI)

 

Return on Investment Tool (RONI)

The RONI tool has been developed to assist in evaluating the Return on Investment for an improvement or innovation project. It can be used at the start, end and throughout the life of a project as a continual check.

The RONI is an excel document with tabs as follows:

·         Guidance - how to complete the tool

·         Project Quality Summary - for completion giving an overview of the project and how it fits QIPP

·         Financial Summary - this tab largely self populates from the next three:

o   Service Costs

o   Implementation Costs

o   Benefits Costing

 

Please see the worked example for further guidance.